Running a business can be both rewarding and challenging. Whether you are just starting out or have been in operation for several years, one of the most common concerns all business owners have is cash flow. Having enough money to support your business and pay your staff is a very real worry that can keep even the most calm executives up at night.
Virtually every small business has cash flow problems. The fact that the economy is hard to predict makes things even more challenging. One of the things you can do to manage cash flow is to keep very careful track of your income and expenses. This will help you clearly understand how your money is being spent and will also help should you decide to apply for financing.
ExpoCredit makes the whole process of obtaining financing easy from start to finish. While traditional banks often require a lengthy approval process with very long wait times, ExpoCredit assists small business owners quickly, so they can get back to running their businesses. Here’s how it works:
Discuss your specific funding needs with one of our finance specialists who can walk you through our process and help you figure out what kind of financing would be best for you. Many businesses find Accounts Receivable Financing to be most beneficial because it turns their unpaid invoices into immediate cash without having to incur additional debt. In other words, ExpoCredit pays your outstanding invoices so you don’t have to wait 30-60 days or more for your customers to pay you.
Supply Chain Financing is another type of financing that enables suppliers to get paid for invoices on their buyer’s behalf. In this scenario, ExpoCredit pays your supplier the full amount of the invoices you owe them and you pay us back at a later date.
Once you have determined what kind of financing you need, visit our website to download our short application form. The process is extremely quick and easy and our account specialists will keep you updated every step of the way.
Once approved, the funding you requested will be deposited directly into your bank account if you chose Accounts Receivable Financing or into your supplier’s bank account if you chose Supply Chain Financing.
Once you receive your funding, you can get back to focusing on running your business. ExpoCredit acts as your own in-house finance partner, so you no longer have to worry about cash flow and can finally get a good night’s sleep!
It’s that easy. Download an application today at www.ExpoCredit.com/business-applications
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